19 May 2018

My HDB Flat Left with 48 Years Lease

Recently I read an online article about the lease of older HDB flats, the current minister for national development Mr. Lawrence Wong mentioned the following:
He said the oldest Housing Board flat today is around 50 years, and that the majority have more than 60 years remaining on their leases. He stressed that lease extension is not an immediate issue and "we still have time to do this work".
Then I decided to check the remaining lease on my HDB flat, the lease started in 1967, so 2018 - 1967 is 51 years old, ok this number is around what he mentioned, then 99 - 51 is 48 years remaining, this second number is quite far from what he mentioned. So if he can get the first number so close, how come second number so far apart? I don't know man, 60 - 48 is like 12 years, maybe he didn't think 12 is a very big number, but when one factor in the 99 years lease, 12 is actually 12.12% of 99, so it's not a very small number to neglect.

Anyway obviously resale price is closely tied to remaining lease, I checked the resale transactions for my area Queenstown in the last 6 months, those with 90+ years remaining lease for 2-room one unit at Ghim Moh Link sold for $380k, 2-room HDB flat $380k?!? For 3-room sold between between $480k to $605k. For 4-room can go up to $940k. Really crazy prices here.

Then those less then 60 years lease, 2-room is between $190k to $250k. For 3-room $243k to $355k. For 4-room is $385k to $670k. The $670k 4-room is probably very well-renovated or location is superb, otherwise the previous highest is $575k.

So as you can see quite a big difference in the pricing by lease. I bought my 2-room for $250k in 2014, in future if sell I think won't worth much, almost certainly will be sold at a loss. Good thing that time didn't overstretch to buy a 3-room, that time same area got a 3-room $350k, lucky never buy. Another good thing is I still have one more chance to apply for subsidised flat so not too bad.

So always buy within your means, if even after housing loan still cannot afford then just hold off, save up then buy, don't borrow everywhere just to buy a house, I know some people borrow from friends, borrow from family or even take personal loans, good to have your own home but don't get drowned in debts.
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13 May 2018

Next Year Must Use Cash to Service Housing Loan

Just received this letter today, it says that after Mar 2019 I have to use cash to pay for my housing loan. This is one bad thing about buying house with less than 60 years lease but still ok la since the monthly payment is $721 so not that bad. Good thing is less money come out from CPF, why it is good is because CPF interest is the best and guaranteed, there is no other place you can realistically get what CPF is paying out.

Anyway just nice next year May my current flat will meet the MOP so I can apply for a new one, still thinking apply where, BTO or balance flat, thinking of getting a big one, location sucks never mind, I see places like CCK 5-room so cheap so quite tempting. In SG really no such thing as location good or bad, it's so small that getting anywhere is not far at all plus delivery services are so convenient nowadays you can just order anything online, even groceries also can send to home.

09 May 2018

List of Baby's Potential Allergies and Reactions

Potential Allergies - Reactions
Foban Cream (contains Fusidic Acid) - Causes redness and mild swelling at applied area. Stinging pain upon contact.
Augmentin (combination of amoxicillin and clavulanate potassium) - Watery diarrhea causing sensitivity at private area with dark red brownish stains.

08 May 2018

Baby Urine Have Blood?

Yesterday after we started her antibiotics (augmentin 70ml bottle 2x/day) she started to have diarrhea, today wife noticed that there is a dark red brownish patch in her diapers, it led us to think that baby might have blood in her urine. So I quickly called the GP and we went straight down.

After GP explained it could be due to the diarrhea causing the skin to be sensitive and not due to internal bleeding we were relieved. He also explained that for her weight of 23KG, 7ml twice a day is fine but she probably cannot tolerate due to her age, so he advised to lower down to 5ml twice a day. He also prescribed some probiotics to counter the effect of the antibiotics and also a cream to apply to the sensitive area.

And he only charged for the medication never charge for consultation, nice doctor right.

07 May 2018

Baby Went to See Doctor

Baby has been coughing for a few weeks ever since wife brought her to Thailand last month, think she got infected from playing in the inflatable pool, not sure where the water is coming from but I guess it's not very clean, it could also be other source of infection, maybe also the drinking water but wife fed her only bottled water though, not sure what else baby put in her mouth, she has this habit licking things or placing objects into her mouth but good thing she doesn't swallow it or else she could end up suffocating.

So this morning when I woke up she was still coughing so I got a bit worried and brought her to the Queenstown polyclinic, end up no slot, nowadays they go by slot in the system if full then must wait until afternoon, earliest slot was 2:30 PM so we decided to visit a GP instead.

I googled and found this Chong Family Clinic, it has this unusual full 5 stars rating so of course no need to think too much, I made a call, got a slot and went there straight. Lady at the phone was very friendly.

So we reached there, very friendly front desk staff, didn't wait too long to see the doctor and to our surprise the doctor can actually speak Thai, and he was very patient and apparently he is very good with children, never see my daughter smile so much when seeing a doctor.

He also explained the cause very clearly, cough which led to ear infection (he checked baby's ear with an instrument, found it inflamed), and he offered two solutions, one is some nasal spray treatment and the other is antibiotics, he actually explained the pros and cons of each solution, so we went with the antibiotics.

And then the bill is truly itemised, I don't remember GP ever giving me a properly itemised bill, for example sometimes they just lump everything in one amount, or medicine all lump into one amount.

So if you want to see a doctor who can speak Thai, good with kids, patient and can explain in layman terms and itemised billing, you should check out this clinic.

Heard from wife this clinic is actually well-known in the Singapore Thai community on Facebook.

06 May 2018

Dirty Mop Water Drip On Baby Clothes

According to wife this is not the first time but today I see for myself wah these people really horrible man, I thought the sensible way is to wash the mop clean before taking out to dry, this family is take out the dirty mop to dry, look at all that black/brown stains, don't they ever wash that mop at all?

Anyway I went upstairs with the dirty clothes, knocked on the door several times and called out but nobody answered, I think someone at home but don't want to answer, never mind, I complain to HDB.

05 May 2018

Some Thoughts About Thailand

Overall rural area still the best i.e. wife's hometown at Udon Thani, air is super fresh, people are super nice, food is super fresh although most of the time looks weird to city people like me but if you try it it's actually very nice. The only problem is getting to places, for example getting to the town from wife's home is around 30 mins ride, or getting to some well-known temple is 3-4 hours drive, so without a car it is very difficult or impossible. And because of the distance, that's why you see people from rural area are more relaxed no rush type.

Then come to Bangkok, the transport is terrible, the jam is terrible, the culture is terrible, taxi and tuk tuk drivers always try to overcharge if you are not local, Grab is not as easily available as in Singapore, and the worse is the pollution, if you take tuk tuk and get driven across a busy street you will know what I'm talking about, it is just horrendous. And most Thais in Bangkok are not as friendly as those from rural areas, they don't seem to like foreigner.

We also went to this Asiatique at Bangkok, there is a ferris wheel, 400 Baht per adult, it's a tourist trap so the things there are very expensive, similar to Sentosa in Singapore or Genting Highland in Malaysia.

And the street food scene is mostly gone, can still see a few illegal vendors though, now they are consolidated into a few areas where vendors can sell their stuff, one such area is at MBK, do until very nice looking but is mall price instead of street price, kind of pointless if you have to pay mall price for street food. If you visit MBK level 4 you will see a food court very similar to those in Singapore, see these two photos, if I never tell you both were taken in Bangkok you probably will think it is in Singapore.

Anyway might as well visit other province, now feel like Bangkok lost its charm when they try to turn it into Singapore, actually there is a lot that they need to do to turn it into Singapore, I mean why visit Bangkok when I'm already in Singapore.

Back from Thailand

Still alright trip but everyone fall sick, me and wife kena cough and fever from daughter, I think the Bangkok pollution made it worse, the air quality really sibei jia lat unlike wife's kampong house air much more fresh.

By the way end up still have 14831 Baht, hardly spend much, wife also have some left, think next trip can use.

Some photos.